Every mutual fund I own can be liquidated at the end of the next business day (I use eTrade, I’m sure the other big online brokers are the same).
RMDs are not applicable to Roth IRAs. Yet another advantage to the Roth.
Agree with this. All I am advocating is that it’s wasteful to have this large sum of money sitting in cash on the sidelines earning negligible interest for something that MIGHT happen (the emergency where you lose your job for 6 months to a year). This is especially true for someone just starting their savings plan because, as you said: